Farmers & Merchants Bank restructures

Dean Withers, president and CEO of Farmers & Merchants Bank, announced organizational changes to the bank in a release sent Friday. The changes were approved by the board of directors and are a part of F&M’s “ongoing strategic planning process and to accommodate continual growth of the Bank.”

Neil Hayslett will transition into the newly created position of executive vice president and chief administrative officer. He will be responsible for executive level supervision of bank operations, information technology, loan operations, credit administration, risk management, facilities management and corporate governance.

Stephanie Shillingburg was promoted to executive vice president and will continue her duties as head of retail services.

Carrie Comer was promoted to senior vice president and chief financial officer. She will be responsible for all regulatory reporting, financial management and day-to-day accounting functions.

Josh Hale was promoted to senior vice president and appointed business development leader. Kate Pascarella was promoted to vice president and senior credit officer, Krista Suter was promoted to vice president and senior risk officer and Keith Deeds was promoted to assistant vice president.

F&M began operations in Timberville in 1908 and currently has nine full-service branch offices in Rockingham, Shenandoah and Page counties.